2014
Sherwood is closed and Generations is developed new by Culpepper with HUD financing.
2012-2013
University Square-Legacy Point and The Stack Student Housing.
2003-2005
Manor East - Tejas
2000’s
In 2003 Jack purchased and remolded Dollar General, Radio Shack, and Rent-A-Center at Truly Plaza in Cleveland, Texas 2003 and 2004 Demalling of Southgate and remodel of Kingsville Center plus demalling of College Park in Corsicana. Manor East Mall and University Square developments were purchased, developed, remodeled, torn down and redeveloped by John Cecil Culpepper, Jr and III and have remained in continuing operation by and ownership of the Culpepper Family for 50 years as of 2016.
1990
In 1990 Stalworth management was incorporated by the State of Texas with John Cecil Culpepper III (Jack) as Chairman and CEO, Jack had become a Certified Property Manager and Real Estate Broker. Stalworth Corporation received its certificate as an Accredited management Organization in 1994.
In 1995, Jack Culpepper bought and developed Milam Plaza in Cameron, Texas. Brookshire Brothers Grocery was added to Dollar General and Stage Stores in 2004.
During this time John and Jack developed and brokered land and buildings for HEB Pantries in Bryan and College Station, Outback Steakhouse, Target and Chili’s in College Station.
Jack Culpepper purchased land for, leased, and built freestanding stores for Eckerd (now CVS) Pharmacy in Bryan, Brownwood, and Corsicana, Texas in 1998 and 2000.
1970’s-1980’s
Diversifications resulted from the late 1980’s Real Estate and Banking Crash. Before the Galleria Office tower officially opened, both its major short and long term lenders had been taken over by the RTC and had its assets frozen. Its major tenant was taken over by the FDIC and, shortly after the Galleria Tower’s opening, closed by the RTC. The result was that the property was taken over by the RTC and lost. During the next decade, many retail centers throughout Texas were taken over by the RTC. Only one bank and one Savings and Loan in Brazos County were not closed by the RTC and given to financial institutions “too large to fail”. The surviving savings and loan was Homestead, chartered by Culpeppers Sr. and Jr. some twenty years earlier.
With partner, William Demetree, John Cecil Culpepper Jr. and John (Jack) Culpepper III became qualified buyers for RTC properties and were able to buy back some of their own properties and purchase others.
It was during this tense and difficult time that John Cecil Culpepper III, having finished his degree in Organizational Communications in 1987 and started the process of becoming a Certified Property Manager, returned to join Culpepper Realty. It was his plan to emphasize renovation of already owned properties and to develop, purchase and join with others in Property Management.
1970 | Scope of Business
Culpepper Communications is established and 15 radio stations are started on the air or purchased in Florida, Texas and Idaho.
In May, 1971 Culpepper presented the first private donation to the new Real Estate Research Center at Texas A&M University, Governor Preston Smith having signed the bill authorizing the center during the same month.
The last endeavor John Cecil and John Cecil, Jr. was the purchase of the Circle Drive-In Movie plus other small commercial buildings including a service station at the corner of University Drive and South College Avenue in College Station. This became University Square Shopping Center bringing into town the area’s largest supermarket. Skaggs-Albertson, its first IHOP and Mr. Gatti’s Pizza, plus Plitt Cinemas. The first portion was built in 1971. Among the last photographs our family has of John Cecil Culpepper is his posing, complete with hat and cane inside the newly opened Skaggs-Albertson.
Interested in commercial real estate development and seeking diversity throughout Texas and in other states, John Cecil Culpepper, Jr. bought land, developed shopping center and freestanding commercial buildings then kept, sold or traded them in Bryan, College Station, Pasadena, Brenham, New Braunfels, Alice, Paris, Beaumont and Kingsville, Texas and brokered developments in Orlando, Florida and Baton Rouge, Louisiana. He brokered and developed 15 Wal Marts and two Sam’s Warehouses, plus more than 20 Stage Stores-Bealls throughout Texas and Louisiana. During an active career of 50 years, he developed 3 million square feet of retail space in Texas.
John Cecil Culpepper, Jr. joined the International Council of Shopping Centers at its inception in 1968, serving as Faculty Member of its University of Shopping Centers.
1987 | Galleria Office Tower and Village in Bryan, Texas.
1986 | Culpepper North in Bryan Texas.
1982 | Market Square in Brenham Texas.
1978 | Mirabeau Square in Paris, TX.
1973 | LaVillita, Alice TX, Kingsville TX, Shopping Center, Walnut Square in New Braunfels and Southmore Plaza in Pasadena, TX.
1973 | CULPEPPER PLAZA, CULPEPPER PLAZA II AND CULPEPPER OFFICE PARK IN COLLEGE STATION
1971 | KROGER GROCERY, US POST OFFICE IN BRYAN
1966
Wal-Mart joins Manor East Mall and is new to the market.
1965
Culpepper develops first 400,000 square foot enclosed mall in College Station-Bryan market. JC Penney, Britt’s and Kroger come to town and anchor Manor East mall.
Montgomery Wards burns down in downtown Bryan and reopens at Manor East Mall.
1963 | Banks
Culpepper Sr. and Jr. obtained a bank charter that formed the second bank in College Station, The Bank of Commerce.
1963 | Osler Medical Offices, Sherwood Healthcare, Tropicana Apartments
1962 | Carter’s grove subdivision
1962 | Hospital St. Joseph
1960
The last cow pasture John Cecil Culpepper bought was from the Dominik family. In 1962 Carter’s Grove Subdivision, just east of College Hills was developed. The commercial part would come in the early 1970’s with his son, John Cecil Culpepper, Jr.
Another large land purchase in the ‘60’s, this time with his partner, Senator W. T. Moore, often called “The Bull of the Brazos”, resulted in the sales to St. Joseph Hospital, causing it to move from downtown Bryan to 29th Street and Villa Maria Drive and to serve physicians for adjacent medical office buildings. Other parts of this land were developed into the first modern apartment building in the area and the first facility to provide health care to the elderly throughout the region. John Cecil Culpepper, Jr. returned home, having just been sworn into the Texas Bar, in time to work on the Osler Medical Offices, help finish the original building for Sherwood Health Care, Inc., and move into the Tropicana apartments, both completed in 1963.
John Cecil Culpepper, Jr. joined the International Council of Shopping Centers at its inception in 1968, serving as Faculty Member of its University of Shopping Centers.
1950’s | Continued To Grow
In 1950 Culpepper turns cow pastures into Ridgecrest, the first true shopping center between Bryan and College Station and develops the Oak Terrace subdivision behind it in and across Texas Avenue in both cities. He developed the first apartment complex on College Avenue in Bryan.
Bryan lost 25% of its population in 1955 when Bryan Air Force base closed. John Cecil Culpepper responded by making the single largest land purchase in the history of Bryan, another cow pasture, and promptly developed it into the area’s first Regional Shopping Center, Townshire, and Bryan’s largest residential subdivision, Culpepper Manor.
1949 | Scope of Business
Culpepper was appointed by Governor Alan Shivers as one of the original six Real Estate Commissioners for the State of Texas. Serving as its President during his second term on the commission, he was present for the signing of the first Texas Real Estate Licensing law.
1945 | Serving
Culpepper helped organize the Bryan-College Station Real Estate
Board serving as its first President
1937 | Our Beginning
Culpepper Realty Company was established when John Cecil Culpepper developed College Hills Residential Subdivision. Believing that Texas A&M would reverse its orientation and flip to face the newly designated Highway 6, John Cecil Culpepper bought 200 acres of pasture land to develop into a residential area. The flip did happen and both College Hills and Culpepper Realty doubled in size within two years and added, at the corner of Texas 6 and Munson Drive across from what was soon and is today the main entrance to Texas A&M, the first commercial buildings to be called a shopping strip. College Station incorporated in 1938.